About This Property
Mill Pond Apts offers 40 low-income units in Dillon, South Carolina, consisting of thirty-eight one-bedroom and two two-bedroom apartments. The property has served elderly residents since 1991 and is financed through 9% Low-Income Housing Tax Credits. Units are available to income-qualified households.
Property Details
Fair Market Rent - Dillon County, SC
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $686 |
| 1 Bedroom | $691 |
| 2 Bedroom | $905 |
| 3 Bedroom | $1,125 |
| 4 Bedroom | $1,446 |
Income Limits - Dillon County, SC
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $18,800
- Low (80%)
- $30,050
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $21,450
- Low (80%)
- $34,350
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $24,150
- Low (80%)
- $38,650
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $26,800
- Low (80%)
- $42,900
- Extremely Low (30%)
- $28,950
- Very Low (50%)
- $28,950
- Low (80%)
- $46,350
- Extremely Low (30%)
- $31,100
- Very Low (50%)
- $31,100
- Low (80%)
- $49,800
- Extremely Low (30%)
- $33,250
- Very Low (50%)
- $33,250
- Low (80%)
- $53,200
- Extremely Low (30%)
- $35,400
- Very Low (50%)
- $35,400
- Low (80%)
- $56,650
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $18,800 | $30,050 |
| 2 Persons | $17,420 | $21,450 | $34,350 |
| 3 Persons | $21,960 | $24,150 | $38,650 |
| 4 Persons | $26,500 | $26,800 | $42,900 |
| 5 Persons | $28,950 | $28,950 | $46,350 |
| 6 Persons | $31,100 | $31,100 | $49,800 |
| 7 Persons | $33,250 | $33,250 | $53,200 |
| 8 Persons | $35,400 | $35,400 | $56,650 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Dillon, SC?+
The Fair Market Rent (FMR) for Dillon County, SC is: $686 (Studio), $691 (1BR), $905 (2BR), $1125 (3BR), $1446 (4BR). Actual rent at subsidized properties like Mill Pond Apts is typically 30% of household income or less.
What size apartments are available at Mill Pond Apts?+
Mill Pond Apts offers the following unit types: 38 One-Bedroom, 2 Two-Bedroom units, for a total of 40 units.
Who is eligible to live at Mill Pond Apts?+
Mill Pond Apts primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
How do I apply for housing at Mill Pond Apts?+
Mill Pond Apts is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
What are the income limits for affordable housing in Dillon County, SC?+
For a 4-person household in Dillon County, SC, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $26,800, Low Income (80% AMI): $42,900. These limits are set by HUD and updated annually.
What is the price range for apartments in Dillon, SC?+
Based on Fair Market Rent for Dillon County, the estimated price range is: 1-bedroom: $691, 2-bedroom: $905. Actual rent at Mill Pond Apts may be lower for income-eligible households.
Who manages Mill Pond Apts?+
Mill Pond Apts is managed by . You can reach them at . Visit their website for more information.